HSBC Canada Private Equity to be sold

Details are sketchy, but it seems the private-equity group at HSBC Canada is set to be acquired by the management team. It’s understood talks are considerably advanced and the deal for the sale of HSBC Capital (Canada) Inc. – which has offices in Vancouver, Calgary, Edmonton and Toronto – could be announced within the next month.

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Capital One to buy HSBC credit card business

Orchard Bank , Household Bank, and HSBC credit card customers will soon be sending payments to Capital One, if a recently-announced multi-billion dollar deal is completed.

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